Huiyuan Juice's 2007 net profit nearly tripled

   Date:2008/04/03     Source:

China Huiyuan Juice Group Limited<1886>, the country's top juice supplier, posted 2007 turnover amountes to RMB 2.7 billion, an increase of 28.6% over the previous year, announced the firm in its annual report.

The net profit attributable to the shareholders has surpassed RMB 640 million, up 188.9% year-on-year, while the net profit per share hit RMB 0.469, up 75% year-on-year. The final dividend is supposed to be about RMB 0.11 per share.

The juice maker maintained its leading position in both 100% juices and nectars market on the mainland by the end of 2007, according to AC Nielsen, a market research firm, with 42.6% and 39.6% market share respectively. It has sold out 9.7 billion liters of juices and nectars in 2007.

Huiyuan Juice was set up in Beijing in 1992. It went public in February last year and raised about HK$2 billion.

Related Reports
2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号